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Index Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
S&P GSCI Copper (CME:SPGSIC)
Long-Term Downtrend (-90) - SPGSIC is in a strong downtrend that is likely to continue. While SPGSIC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPGSIC?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPGSIC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPGSIC
The long-term trend has been DOWN since Aug 5th, 2024 at 628.72
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 627.53
The short-term trend has been DOWN since Dec 13th, 2024 at 640.91
Smart Scan Analysis for SPGSIC
Based on our trend formula, SPGSIC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 630.36 | 632.24 | 627.28 | 631.77 | +2.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 631.77 | 0 | 2024-12-20 15:39:00 |
| 52wk High | 520.5412 | 52wk High Date | 2018-06-07 |
| 52wk Low | 408.7367 | 52wk Low Date | 2018-08-15 |